"Combating inequalities: the great global challenge" by Joseph Stiglitz

Thematic axes Global Challenges

"Combating inequalities: the great global challenge" by Joseph Stiglitz

2 June 2017

The first session of the cycle counted with the Nobel prize of Economy (2001) Joseph Stiglitz. The economist contributed his critical and constructive vision to the political and economic system and focused his paper on the growing trend of the concentration of wealth in Europe and especially in the United States and on the factors that have accelerated the increase in inequality in recent years, such as those related to globalization and technological change. A process that is leading to the emergence of a new global elite, 1%, which accumulates wealth while labor is precarious, the growth potential of the economy as a whole is eroded and the liberal democratic systems are weakened.